Did you read the NSE HINDALCO Research report?
Click here: HINDALCO Is Getting Ready For Skyrocket Prices, But…
Will NSE HINDALCO Reach The Final Target?
BEFORE
I have written clearly, “If the price sustains above 416, traders can expect the following targets: 424 – 433 – 448+.”
AFTER
Timeline:
[2 November 2022]
- 09:40 AM – NSE HINDALCO Reached first target of 424, and made a high of 425.85.
[7 November 2022]
- 09:30 AM – Price reached the second target of 433.
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NSE ASIAN PAINT Has Entered A New Impulse Cycle
Timeframe: 8h
The price accomplished wave C at 3031 and started developing an impulsive structure, which is a crucial support level for the price. For ten weeks, Asian Paints has been struggling to maintain above its corrective range.
Stochastic is above 60, indicating prices are not overbought and have the potential to increase further. According to Elliott’s wave principle, an impulsive cycle can only start after the breakout of the sub-wave 4 of a lower degree.
At present, Asian Paints have broken sub-wave four at 3160. Demand pressure is still more significant than supply force. If price sustains above 3160, traders can trade for the following targets: 3231 – 3283 – 3360+.
A systematic downward movement will allow us to enter the market, but price can create new low after the breakdown of 3031.
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NSE Reliance – Price Action Analysis
Is NSE PRECWIRE Preparing For A New High?
NSE HINDALCO – Tips & Update
Did you read the NSE HINDALCO Research report?
Click here: HINDALCO Is Getting Ready For Skyrocket Prices, But…
BEFORE